Tagged: ministry of finance

November 3, 2020 @ 7:42 pm By Omar Faridi  |  

Chile’s Ministry of Finance recently revealed that it aims to streamline the development of its regulatory framework for Fintech and Open Banking. Chile’s government will reportedly be working on a legal proposal for standardizing Open Banking. This should help with promoting competition and innovation in… Read More

January 8, 2017 @ 2:45 pm By JD Alois  |  

Finland’s Ministry of Finance has published an update on the nascent Finish crowdfunding industry.  According to their report,  Finland’s crowdfunding market more than doubled in size during 2016. The Finish government estimates the total amount raised during 2016 stands at €153 million in contrast to the… Read More

December 19, 2016 @ 4:59 am By Erin Hobey  |  

The Ukrainian government announced on Sunday that it will nationalize the country’s leading lender PrivatBank. In a statement given on Sunday evening, the government promised a stable transition and the smooth functioning of the bank. The Finance Ministry will take over PrivatBank, controlled by oligarch Ihor Kolomoisky. Finance Minister… Read More